Skip To Content

3410 Crest Avenue SE

Albuquerque, NM 87106
  • $375,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 1022105
UPDATED: 61 min ago
$375,000
  • 1
    BEDS
  • 0.17
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,875
    SQFT
  • $200
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Description

Updates in progress include relocating dumpster to the back alley and building a fence enclosure. Recently completed updates include exterior paint, evaporative cooler installation for each unit, and updated bathrooms and kitchens for recently turned units. This great multifamily investment opportunity is in the University area near Kirtland Air Force Base, the regional VA Medical Center, the Puerta del Sol Golf Course, and the city's extensive transit system. This cash-flowing four unit building is comprised of 1-bedroom, 1-bathroom units each with a living room, kitchen, and an enclosed back yard. The property is professionally managed and fully occupied. At an offering of $375,000, investment performance metrics include a 6.84% capitalization rate and a gross-rent multiplier of 9.30.

Monthly Payment Calculator



IDX information © 2022 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2022-09-28T11:04:55.56.
www.metrohomesearch.com/homes/132778893
Print Image

3410 Crest Avenue SE Albuquerque, NM 87106

  • Price: $375,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 61 min ago
  • MLS #: 1022105
1
Beds
1
Baths
0
½ Baths
0.17
Acres
1,875
SQFT
$200
$/SQFT
1951
Built
Neighborhood:
Knob Heights Addn
County:
Bernalillo
Area:
42 - UNM South
Property Description
Updates in progress include relocating dumpster to the back alley and building a fence enclosure. Recently completed updates include exterior paint, evaporative cooler installation for each unit, and updated bathrooms and kitchens for recently turned units. This great multifamily investment opportunity is in the University area near Kirtland Air Force Base, the regional VA Medical Center, the Puerta del Sol Golf Course, and the city's extensive transit system. This cash-flowing four unit building is comprised of 1-bedroom, 1-bathroom units each with a living room, kitchen, and an enclosed back yard. The property is professionally managed and fully occupied. At an offering of $375,000, investment performance metrics include a 6.84% capitalization rate and a gross-rent multiplier of 9.30.
Exterior Features

Construction Materials Frame Levels One

Interior Features

Appliances Free-Standing Gas RangeRefrigerator Basement YN No Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring Tile Heating Wall Furnace Heating YN Yes

Property Features

Builder Name Unknown Building Area Total 1875 Community Features Storage Facilities Disclosures Lead Based Paint DisclosurePrincipal is Real Estate LicensedRanm 2100 Disclosure Gross Income 40200 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 13334 Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 2147.76 Tenant Pays ElectricityGas Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description R-Mh*

Southwest MLS] logo Listing courtesy of Keller Williams Realty: (505) 897-1100. © 2022 Southwest Multiple Listing Service, Inc.


IDX information © 2022 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2022-09-28T11:04:55.56.
 
https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1022105-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1022105-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1022105-2.jpg
Logo
Campbell & Campbell Real Estate Services
5716 Osuna Rd NE
Albuquerque NM, 87109